Henry Ford Is Born
Automobile manufacturer Henry Ford was born July 30, 1863, on his family's farm in what is present-day Dearborn, Michigan.
From the time that he was a young boy, Ford enjoyed tinkering with machines. Farm work and a job in a Detroit machine shop afforded him ample opportunities to experiment. He worked successively as an apprentice machinist, a part-time employee for the Westinghouse Engine Company, and an engineer with the Edison Illuminating Company. By then, he was earning enough money to experiment on building an internal combustion engine.
By 1896, Ford had constructed his first horseless carriage, a gasoline-powered motor car that he named the Quadricycle because it ran on four bicycle tires. He sold that vehicle, which was built on a steel frame and had a seat but no body, in order to finance work on an improved model.
Ford incorporated the Ford Motor Company in 1903, proclaiming, "I will build a car for the great multitude." In October 1908, he did so, offering the Model T for $850. In the Model T's nineteen years of production, its price dipped as low as $260—without extras. More than 15 million cars were sold in the United States alone. The Model T heralds the beginning of the Motor Age; the car evolved from luxury item for the well-to-do to essential transportation for the ordinary man.
Henry Ford (July 30, 1863 – April 7, 1947) was the American founder of the Ford Motor Company and father of modern assembly lines used in mass production. His introduction of the Model T automobile revolutionized transportation and American industry. He was a prolific inventor and was awarded 161 U.S. patents. As owner of the Ford Motor Company he became one of the richest and best-known people in the world. He is credited with "Fordism", that is, the mass production of large numbers of inexpensive automobiles using the assembly line, coupled with high wages for his workers. Ford had a global vision, with consumerism as the key to peace. Ford did not believe in accountants; he amassed one of the world's largest fortunes without ever having his company audited under his administration. Henry Ford's intense commitment to lowering costs resulted in many technical and business innovations, including a franchise system that put a dealership in every city in North America, and in major cities on six continents. Ford left most of his vast wealth to the Ford Foundation but arranged for his family to control the company permanently.
Old Zeke Perkins sold his hogs the other day,
The gosh-darned fool threw his money right away;
Rode into town, sittin' on a board,
Came home ridin' in a brand-new Ford!”— A Ford Song